by Anastasia Tomkin | Apr 26, 2024 | Personal Income
Economists aren’t the only ones anticipating tomorrow’s Personal Income Expenditure Report. The hopes of investors and everyday people are hinging on a continued slow and steady progression of income across America. Disposable personal income increased .2% last month...
by Anastasia Tomkin | Apr 18, 2024 | Personal Income, Uncategorized
This past month, American consumers increased their spending at the fastest rate since January 2023.Consumer spending rose 0.8% in February, the Bureau of Economic Analysis said Friday. Personal incomes rose at a monthly rate of .3%, which may have given consumers the...
by Anastasia Tomkin | Apr 1, 2024 | Featured, Housing, Personal Income, Uncategorized
Jay, a tech executive from Virginia Beach, had simple criteria for where he wanted to live: somewhere with a solid tech presence, decent weather and spacious, reasonably-priced housing. He was stunned by the high cost of homes in places like Seattle and San Francisco....
by Anastasia Tomkin | Mar 14, 2024 | Personal Income, Uncategorized
Consumer spending slowed in January from a very high rate in December, and inflation cooled less than economists had hoped.Personal income increased 1% in January, the Bureau of Economic Analysis said Thursday. But despite such a big gain, Americans spent just 0.2%...
by James Van Bramer | May 20, 2023 | Featured, Personal Income
Kat Logan moved into a spacious studio apartment in Gramercy Park in 2018 for $2,500. During the pandemic, her rent held steady. Now, Logan is considering leaving New York City because of skyrocketing rents. “There’s this thought at the back of my mind...
by James Van Bramer | Apr 28, 2023 | Featured, Personal Income
Economists predict a slight decrease in Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred measure of inflation, and a modest dip in consumer spending, in March’s personal income report set for release Friday. The predicted slowdowns...
